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CM Finance Inc Common Stock, also called CM Finance, is a closed-end investment company, which engages in business development. Its investment objective is to is to maximize total return to stockholders in the form of current income and capital appreciation by investing directly in debt and related equity of privately held middle- market companies. Read More The company was founded on May 24, 2013 and is headquartered in New York, NY.
New York, New York
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RPT-Worried about next downturn? US credit funds may offer early clues
(Repeats for wider distribution) By David Henry NEW YORK, March 12 (Reuters) - It seemed like an opportunity a lender would not want to miss. The loan paid 10.25 percent interest which would go up if a benchmark rose. The borrower was Trident USA Health Services, a growing company which provided bedside medical testing in nursing and assisted living centers. Trident was buying similar companies across the country targeting cost savings from consolidation. Trident filed for bankruptcy last month. It had...
Expected May 7, After Hours